3 years ago

You borrow $225 for eight years of an interest rate of 6%. How much interest will you pay after eight years?

Mathematics

2 answers:

Whitepunk [10]3 years ago

5 0

Answer:

you pay 108 dollars after 8 years

Triss [41]3 years ago

4 0

Answer:

You will pay $13.50 in interest and end up paying $238.50 total after the eight years

Step-by-step explanation:

225 x 0.06 = 13.5

225 + 13.5 = 238.5

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